Studio · 546 sqftAG Tower Business Bay, Business Bay · 8th floor · completed 2021

817, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in September 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 817 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 790K27 September 2016
Current rentAED 63K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 817, AG Tower Business Bay

What is 817 worth today?

Last sold for AED 790,000 in 2016

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1 Jul 2025RentedNew contract
AED 63,000/yr12 months · AED 115 per sqft
1 Jun 2023RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft
27 Sep 2016Sold by developerOff-plan
AED 790,000AED 1,447 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
8th of 27
Parking
P2-59
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 790K · September 2016

About 817, AG Tower Business Bay

817 is a studio of 546 sqft on the 8th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. The developer sold it on 27 September 2016 for AED 790,000, or AED 1,447 per sqft, in line with the AED 1,480 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 July 2025, is AED 63,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 6,900 a year.

Sales and rents for 817 over time

Sales
Unit 817, each saleTypical studio in AG Tower Business Bay
700K800K2016201920222025Typical sale price by year: 2016 AED 764,055; 2017 AED 753,067; 2018 AED 699,676; 2019 AED 805,392; 2020 AED 736,736; 2021 AED 751,210; 2022 AED 655,335; 2023 AED 701,041; 2024 AED 816,102; 2025 AED 830,000; 2026 AED 800,000Sold by developer, September 2016: AED 790,000 (AED 1,447 per sqft)

817 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 817, each contractTypical studio in AG Tower Business Bay
40K50K60K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 63,000; 2026 AED 60,000New contract, June 2023: AED 45,000 a yearNew contract, July 2025: AED 63,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in AG Tower Business Bay, and where 817 sits

All 312 studios →

817 last sold in September 2016 at AED 1,447 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,480). Over the last 12 months studios sold for AED 660,000 to 925,000, around AED 1,600 per sqft, and rent for AED 48,510 to 107,680 a year. 817's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
23 Sep 2026755,552
21 studio sales in the last 12 months

AG Tower Business Bay

Building

576 apartments, studios to 4-bed over 27 floors in Business Bay, completed in 2021 by Arabian Gulf Properties. 39 sold in the last 12 months.

Typical price per sqft
AED 1,432 Down 5.3%
Typical sale
AED 891K
Typical rent
AED 70K /yr
Typical yield
7.3%
AG Tower Business Bay, Business Bay: prices, sales and rents →

Other units on the 8th floor

All 576 units in AG Tower Business Bay
Value
8012-bedAED 1.91M · Nov 2020
8031-bedAED 1.31M · Feb 2020
804StudioAED 737K · May 2017
8051-bedAED 1.23M · May 2017
806StudioAED 680K · Jun 2023
807StudioAED 265K · Jul 2022
8083-bedNo registered sale
1–7 of 23

817, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 27 September 2016 for AED 790,000, or AED 1,447 per sqft.
  • Rented since June 2023 on 2 Ejari contracts, from AED 45,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 6,900 a year (AED 12.62 per sqft).
  • Studios in AG Tower Business Bay sold for AED 660,000–925,000 in the 12 months to November 2026; the building's median across all types is AED 1,432 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 817, AG Tower Business Bay

What did unit 817 last sell for?

AED 790,000 on 27 September 2016, sold by the developer: AED 1,447 per sqft for 546 sqft. It is the only registered sale of the unit.

What is the rent for unit 817?

AED 63,000 a year on the contract signed on 1 July 2025. The previous contract, from June 2023, was AED 45,000.

How big is unit 817?

546 sqft (50.7 sqm): a studio on the 8th floor of a 27-storey tower completed in 2021.

What is unit 817 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in AG Tower Business Bay sold for AED 660,000 to 925,000 in the last 12 months, around AED 1,600 per sqft.

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Mortgage on 817, AG Tower Business Bay

Starts from the last sale price (AED 790K, 27 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →